Schedule 13G Amendment No. 2

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JPoC4WYh107XlELKq3pPXvn182mOVNJPWlrbM6u8qF8HKzzqf+p40kQQ4GwAOBGD Pkty7REddccSkxSqsQQTxg== 0001193125-08-031080.txt : 20080214 0001193125-08-031080.hdr.sgml : 20080214 20080214141407 ACCESSION NUMBER: 0001193125-08-031080 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIERRA BANCORP CENTRAL INDEX KEY: 0001130144 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 330937517 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78147 FILM NUMBER: 08613081 BUSINESS ADDRESS: STREET 1: 86 NORTH MAIN STREET CITY: PORTERVILLE STATE: CA ZIP: 93257 BUSINESS PHONE: 5597824900 MAIL ADDRESS: STREET 1: 86 NORTH MAIN STREET CITY: PORTERVILLE STATE: CA ZIP: 93257 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOLLY JAMES C CENTRAL INDEX KEY: 0001032641 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 86 NORTH MAIN STREET CITY: PORTERVILLE STATE: CA ZIP: 93258 BUSINESS PHONE: 2097824900 SC 13G/A 1 dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 2 Schedule 13G Amendment No. 2

UNITED STATES

SECURITIES & EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)

Sierra Bancorp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

82620P102

(Cusip Number)

12/31/07

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)


CUSIP No. 82620P102		13G		Page 2 of 4 Pages


1		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James C. Holly
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) ¨ (B) ¨
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION U.S.

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER

513,104 (includes 5,000 vested options shares)

6 SHARED VOTING POWER

7 SOLE DISPOSITIVE POWER

483,104

8 SHARED DISPOSITIVE POWER

30,000


9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 513,104
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.36%
12		TYPE OF REPORTING PERSON * IN

Schedule 13G


CUSIP No. 82620P102		13G		Page 3 of 4 Pages

Item 1:

(a)

Issuer:

Sierra Bancorp

(b)

Principal Executive Offices:

86 North Main Street,

Porterville, CA. 93257

Item 2:

(a)

Person Filing:

James C. Holly

(b)

Address:

86 North Main Street, Porterville, CA. 93257

(c)

Citizen of the U.S.A.

(d)

Class of Securities:

Common Stock, no par value

(e)

Cusip #82620P102

Item 3:

N/A



Item 4:	(a)	Total Shares Beneficially Owned: 513,104

	(b)	Percentage of Ownership: 5.36%

	(c)	(i)	Shares with Sole Voting Power: 513,104 (includes 5,000 vested option shares)

		(ii)	Shares with Shared Voting Power: None

		(iii)	Shares with Sole Investment Power: 483,104

		(iv)	Shares with Shared Investment Power: 30,000 (shares held by Holly Farms, LLP)

Item 5:	N/A

Item 6:	N/A

Item 7:	N/A

Item 8:	N/A

Item 9:	N/A

Item 10:	N/A

Schedule 13G


CUSIP No. 82620P102		13G		Page 4 of 4 Pages

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

2/14/08

Date

/s/ James C. Holly

Signature

Schedule 13G

-----END PRIVACY-ENHANCED MESSAGE-----